In practice, Islamic banks seem to prefer using short term debt financing products instead of partnership based financing because of the former's features of low risk, simplicity, and convenience. Select one: True False Which of the below is not one of the reasons why Islamic banks do not employ long term partnership based financing in practice at desired levels? Select one: a. Every transaction made with the capital of Islamic banks must be monitored and audited by the bank on a long-term basis. b. Due to its being long-term, it is necessary for the banks to increase competencies in long-term market and sector projections. c. When the perception of risk increases, it will not be possible to withdraw from the customer (partner) immediately. d. Islamic banks do not find long-term partnership based products profitable enough. e. The necessary infrastructure and human resources are not available to carry out operational processes and to ensure auditing. Islamic banks have a great advantage over conventional ones to benefit from the characteristics like the productivity and the freedom from unethical investments and al-gharar (excessive uncertainty)...etc., to reduce the moral hazard problems. Select one: True False Which are the 2 basic reasons why the Islamic banking industry is relatively less efficient compared to their conventional counterparts? (2 options will be selected). Select one or more: Operational Workloads in Islamic Financing Products Economies of Scale Problem Excessive Competition Risk Sharing Approach Greater Investment Stability